£79,860
This estimated value is based upon the latest sale price for the house of £44,000 on 29 Jul 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Derby Terrace
More crime details
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| Price Paid | Date |
|---|---|
| £44,000 | 29 Jul 2005 |
| £11,000 | 26 May 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 33 sq meters or 355 sq feet |
This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.
When this house was purchased in July 2005 the House Price Index for TYNE AND WEAR was 80.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 81.502%.Applying this 81.502% change to the original purchase price of £44,000 results in an estimated price of approximately £79,860.
| 29 Jul 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 146.7 | 81.502 % | £44,000 | £35,860 | £79,860 |
The Postcode Pricing Model uses changes in average sales price within the NE33 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -20.047 % | £-8,820 | £35,179 |
| 3 Month Average | -8.375 % | £-3,684 | £40,315 |
| 6 Month Average | 22.093 % | £9,721 | £53,721 |
This house has a floor area of 33 sq meters or 355 sq feet when measured on 30 Aug 2013.
The average size of a house on NEWMARKET WALK is 81 sq meters (878 sq feet).
This house is the smallest in the street with a floor area of 33 sq meters (355 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Derby Terrace |
| Feb 2024 | Burglary | Under investigation | On or near Derby Terrace |
| Feb 2024 | Robbery | Under investigation | On or near Derby Terrace |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Derby Terrace |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Derby Terrace |